He just needs the illusion that it’s profitable. He doesn’t care if user engagement is shitting on him, as long as users are still engaged. Once he’s lined his pockets, he’s gonna jump ship. But not before he’s able to milk every penny he thinks he can get.
Are the investors that stupid? I have a hard time believing that they just blindly go in thinking everything is great when it’s obviously bots a lot of the time and fuzzy numbers being pushed towards their direction. They read the tech news before they buy a tech company, right?
If he’s just looking to cash out and move on then what he’s doing makes sense. Otherwise it’s insanity. He’ll be going down with the ship. As far as investors, I think it’s mostly speculation.
Spez is just trying to make Reddit as profitable as possible before jumping ship. He doesn’t care what happens to Reddit, just what it can get him.
He pissed off a block of his free workforce that then left or were kicked out, that’s not great for the bottom line, yeah?
People with brains recognize this. So Spez does not.
He just needs the illusion that it’s profitable. He doesn’t care if user engagement is shitting on him, as long as users are still engaged. Once he’s lined his pockets, he’s gonna jump ship. But not before he’s able to milk every penny he thinks he can get.
Are the investors that stupid? I have a hard time believing that they just blindly go in thinking everything is great when it’s obviously bots a lot of the time and fuzzy numbers being pushed towards their direction. They read the tech news before they buy a tech company, right?
Honestly I just assume these people are driven by their greed and only care about numbers
Morality is a lost concept these days, people just want power and money
I guess to be fair, I have lost just about all my faith in society/humanity so I just assume the worst lately.
If he’s just looking to cash out and move on then what he’s doing makes sense. Otherwise it’s insanity. He’ll be going down with the ship. As far as investors, I think it’s mostly speculation.
I just really get this feeling that he is. Or maybe I’m just trying to apply logic to the situation, because you’re right it is insanity.
But at the end of the day all his volunteers just want the power, so they caved. Yeah, maybe they got annoyed, but not enough to do anything about it.
Users on the other hand…